Insight and Intelligence on the London & International Insurance Markets

19 April 2018

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Hiscox provides cyber capacity to MGA Fusion

Catrin Shi 7 February 2017

Towergate-owned UK managing general agent (MGA) Fusion has entered the cyber insurance market offering a limit of £5mn ($6mn) for any one risk, with capacity provided by Hiscox.

The standard commercial cyber insurance product covers data breach, business interruption, cyber extortion, third party privacy protection and hacker damage, with the option to extend for cyber crime and phone hacking.

The cover is available as a standalone product or in conjunction with other financial lines products to be launched in the...

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